Two major changes are taking place in the annuity industry today. According to a new report released by
Eight in 10 advisors who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. "Increased market volatility, shrinking retirement savings, and the disappearance of pensions have investors taking a long hard look at the value of annuities in their portfolios," said
Overall, the annuity industry has seen significant growth over the past couple of years. Assets in both variable and fixed annuities has reached a record high of nearly
Copyright: | (c) 2011 Investment Weekly News via VerticalNews.com |
Source: | NewsRx |
Wordcount: | 650 |
More Articles